CAT Questions

Q:

Explain what is BRS?

Answer

BRS - Bank Reconciliation Statement


 


A bank reconciliation statement is a statement prepared by organizations to reconcile the balance of cash at bank in a company's own records with the bank statement on a particular date.


 


The differences may arise because of the following reasons:


 


     - Cheques deposited into bank but not yet collected by bank


 


     - Cheques issued by the organization but not yet presented for payment


 


     - Cheques directly deposited by customers into the bank


 


     - Bank charges debited by bank


 


     - Interest credited or some receipts directly collected by bank based on org. request.


 


     - Some payments directly made by bank based on the organizations request.


 


So, the statement shows the reasons as what are the reasons for difference in balance.

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Subject: Accounts Receivable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

42 22295
Q:

A,B and C enter into a partnership in the ratio  72:43:65. After 4 months, A increases his share by 50%. If the total profit at the end of one year be Rs. 21600, then B's share in the profit is :

A) Rs. 4000 B) Rs. 6000
C) Rs. 9000 D) Rs. 3000
 
Answer & Explanation Answer: A) Rs. 4000

Explanation:

Given ratio of initial investments = 72:43:65 = 105 : 40 : 36.

 Let the initial investments be 105x, 40x and 36x.

 

A:B:C = 105x×4 + 150100×105x×8 : 40x×12 : 36x×12  

               = 1680x : 480x : 432x = 35 : 10 : 9.

 

Hence, B's share = 21600×1054 = Rs. 4000.

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Filed Under: Partnership
Exam Prep: CAT
Job Role: Bank PO

18 22282
Q:

A booster pump can be used for filling as well as for emptying a tank. The capacity of the tank is 2400  m3. The emptying capacity of the tank is 10 m3 per minute higher than its filling capacity and the pump needs 8 minutes lesser to empty the tank than it needs to fill it. What is the filling capacity of the pump?

A) 50 m^3/min B) 60 m^3/min
C) 72 m^3/min D) None of these
 
Answer & Explanation Answer: A) 50 m^3/min

Explanation:

Let the filling capacity of the pump be x m3/min. 

Then, emptying capacity of the pump=(x+10)m3/min.  

so,2400x-2400x+10=8 x2+10x-3000=0 

 

x-50+x+60=0 x=50

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Filed Under: Pipes and Cistern
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

38 22257
Q:

A number is increased by 20% and then decreased by 20%, the final value of the number is ?

A) increase by 2% B) decrease by 3%
C) decrease by 4% D) increase by 5%
 
Answer & Explanation Answer: C) decrease by 4%

Explanation:

Here, x = 20 and y = - 20
Therefore, the net % change in value
=x + y + xy100 %
20 + -20 + 20 × -20100%  or  - 4%

Since the sign is negative, there is a decrease in value by 4%.

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Filed Under: Percentage
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

34 22192
Q:

Yard is to Inch as Quart is to

A) Milk B) Gallon
C) Liquid D) Ounce
 
Answer & Explanation Answer: D) Ounce

Explanation:

Yard is to Inch as Quart is to Ounce.

Because Yard and Inch are units of measurement Where Yard is larger than Inch i.e, 1 Yard = 36 Inches.

So, here Quart and Ounce are also units of measurement where Quart is larger than Ounce i.e, 1 Quart = 32 Ounces.

Gallon is not correct because Gallon is larger than Quart and Milk and Liquid are not units of measurement.

So, Ounce is correct.

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Filed Under: Analogy
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

21 22181
Q:

An employee may claim Rs. 7.00 for each km when he travels by taxi and Rs. 6.00 for each km if he drives his own car. If in one week he claimed Rs. 595 for traveling 90 km. How many kms did he travel by taxi ?

A) 55 kms B) 35 kms
C) 25 kms D) 65 kms
 
Answer & Explanation Answer: A) 55 kms

Explanation:

Let x and y be the respective km's travelled by man via taxi and by his own car.
Given x + y = 90 => x = 90 - y
But according to the question,
7x + 6y = 595
7(90-y) + 6y = 595
=> 630 - 7y + 6y = 595
=> y = 630 - 595 = 35
=> x = 90 - 35 = 55
Therefore, the distance travelled by taxi is 55 kms.

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Filed Under: Time and Distance
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

24 22172
Q:

The study of Heavenly bodies is called

A) Astronomy B) Astrology
C) Astrophysics D) Astronautics
 
Answer & Explanation Answer: A) Astronomy

Explanation:

Astronomy is the study of planets and heavenly bodies. Historically, astronomy has focused on observations of heavenly bodies. It is a close cousin to astrophysics. Succinctly put, astrophysics involves the study of the physics of astronomy and concentrates on the behavior, properties and motion of objects out there.
 

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

60 22158
Q:

The interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a.  ?

A) Rs. 22.5 B) Rs. 2.5
C) Rs. 202 D) Rs. 25
 
Answer & Explanation Answer: A) Rs. 22.5

Explanation:

We know that I = PTR/100
=> P = 20250/4.5 = 4500
Now, new Interest at 5% = 4500x1x5/100 = 225
Now the additional amount = 225 - 202.5 = Rs. 22.5

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Filed Under: Simple Interest
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

18 22145